Market At Pivotal Level As Currency Crisis Deepens
Photo by Austin Distel on Unsplash
The S&P is back to where it began in mid-June, which means the next leg lower could be a big one. As the S&P tests key levels, the currency markets are roiling and the bond market is getting more volatile. Today was a big roll day with bullish option activity in gold and bearish activity in the dollar. Is this the bullish short-term setup that traders have been waiting for? (FXI, KWEB, LVS, WYNN, GLD, AUY, UUP, HYG, IYR, EFA).
Video Length: 00:23:12
More By This Author:
Are Markets Coming Apart?
Fed Fall-Out As Stocks Continue Their Slide Lower
Fear And Loathing With The Fed
Disclaimer: Neither TheoTrade or any of its officers, directors, employees, other personnel, representatives, agents or independent contractors is, in such capacities, a licensed financial adviser, ...
more
Comments
